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Telstra’s $1 billion turnaround | Bunnings & Kmart carry Wesfarmers (once again) | Nikola EV truck files for bankruptcy

Telstra’s $1 billion turnaround | Bunnings & Kmart carry Wesfarmers (once again) | Nikola EV truck files for bankruptcy

What the Flux · Flux

February 20, 20256m 59s

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Show Notes

Telstra has dialled up a net profit of just over $1 billion for the last six months after seeing growth in its mobile biz… and saying goodbye to Foxtel.

Wesfarmers has seen its sales and earnings jump in the first half of the financial year thanks to its GOAT performers, Bunnings and Kmart.

Nikola, the electric trucking startup, has filed for bankruptcy in the US after struggling to raise money… or find a buyer.

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